| The FOMO is once again starting to flood the market as Bitcoin continues to increase substantially. According to forecasts from previous updates, 2019 continues to be a rather fruitful year for cryptocurrency investors who definitely gained a lot of confidence in the past few months. As a result of the recent trend, traditional media is once again starting to notice Bitcoin and we can see that the coverage in recent weeks is steadily increasing. Facebook continues to prepare for the official launch of its cryptocurrency and the community wonders how this will impact both the cryptocurrency and the financial markets, in general. Even though we have yet to see the official release, available information already suggests that the cryptocurrency won't have similar characteristics as Bitcoin in terms of transparency, privacy, as well as censorship immunity and so forth. However, it does compete with the role of the overall banking system and we're definitely looking forward to how it would turn out. Despite the enthusiasm around the project, it's worth noting that Facebook previously blocked all advertising possibilities for industry-related companies and all of a sudden is now proudly waving its crypto flag. Additionally, other big names such as JPMorgan, who didn't believe in the merits of cryptocurrencies and expressed aversion towards it are also starting to change their attitude for the better. Meanwhile, when it comes to alternative coins (altcoins), the trend is somehow mixed. It's impossible to overlook the 90% increase that Grin marked last week, however. Other privacy-oriented cryptocurrencies also saw serious increases, namely Beam and Zcash, as well as Monero. Additionally, Chainlink increased by 60% over the past week following the announcement of its collaboration with Google. | 
BTC: $9080
ETH: $265
XRP: $0.42
Facebook Libra Fuels The Crypto Hype As Bitcoin At $9,000 – Crypto Weekly Report & Overview